Lubbock, TX metro area Housing Market
Cool MarketComprehensive housing market data for the Lubbock, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$240K
↑ 0.4% YoY
Days on Market
86 days
↓ 13.1% YoY
Active Inventory
1,640
↓ 6.0% YoY
Homes Sold
464
↑ 1.1% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Lubbock, TX metro area Market Summary
The Lubbock, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $240K, up 0.4% year-over-year. Homes are spending a median of 86 days on the market, 13.1% shorter than a year ago.
There are 1,640 homes for sale — 6.0% fewer than last year. With 3.5 months of supply, this is a seller's market. 602 new listings were added during this period, down 3.7% year-over-year.
0.0% of homes sell above their asking price. 27.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 45% below the national median, which could indicate stronger cash flow potential.
Lubbock, TX metro area Market Trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed Market Metrics
Median List Price
$250K
Price per Sq Ft
$141
Sale-to-List Ratio
N/A
Months of Supply
3.5
Sold Above List
0.0%
Price Drops
27.3%
New Listings
602
↓ 3.7% YoY
Pending Sales
657
Off Market in 2 Weeks
24.2%
Other Markets in Texas
Houston, TX metro area
$330K · 76d on market
Dallas, TX metro area
$400K · 66d on market
San Antonio, TX metro area
$313K · 104d on market
Austin, TX metro area
$430K · 94d on market
Fort Worth, TX metro area
$353K · 54d on market
El Paso, TX metro area
$275K · 68d on market
Killeen, TX metro area
$270K · 104d on market
McAllen, TX metro area
$257K · 95d on market
Analyze a deal in Lubbock, TX metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.